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Domestic market rebounds on bargain hunting
KUALA LUMPUR: The domestic market rebounded on Wednesday as investors regained confidence following the government's announcement yesterday that businesses will remain open despite the state of emergency.
KLCI slips amid cloudy outlook on banks, energy stocks rise
KUALA LUMPUR: The rebound seen on the local stock exchange yesterday proved short-lived as the market tumbled further on Wednesday amid growing pessimism over the rising number of coronavirus cases and the state of the global recovery.
Quick take: O&G counters rise as crude oil prices soar
KUALA LUMPUR:Oil and gas (O&G) related counters saw gains this morning as oil futures rallied by nearly 5% on Tuesday.
Traders forecasting a slowdown in business
KOTA TINGGI: While the floods situation is slowly improving, local shop owners are expected to suffer loss of income in the weeks to come.
RHB maintains ‘buy’ on Bumi Armada
KUALA LUMPUR: RHB Research reiterated its “buy” recommendation on Bumi Armada Bhd on improved earnings and cash flow visibility, underpinned by stable FPSO contributions masking weaker offshore marine service weakness.
RHB maintains 'buy' on Bumi Armada
KUALA LUMPUR: RHB Research reiterated its "buy" recommendation on Bumi Armada Bhd on improved earnings and cash flow visibility, underpinned by stable FPSO contributions masking weaker offshore marine service weakness.
Will higher palm oil prices depress M&A deals?
Strong CPO prices might be a factor in prospective agreements
Stocks, oil prices fall in another round of sell-offs
KUALA LUMPUR: The FBM KLCI remained wobbly over the course of the day as investors sold down on equities on concerns over the new coronavirus strain and growing restrictions in Europe.
KLCI undergoes mild consolidation as banks, gloves retreat
KUALA LUMPUR: The FBM KLCI descended on profit-taking as financial heavyweights retreated from recent highs.
ENCOURAGING ENTREPRENEURSHIP FOR GROWTH
AS small and medium enterprises (SMEs) are the backbone of the nation and are the biggest employers in the country, it is of utmost importance to not only help smaller businesses tide through the Covid-19 storm, but also to foster more entrepreneurs to drive the economy.
